National Reined Cow Horse Foundation Inc is located in Santa Ynez, CA. The organization was established in 1999. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Reined Cow Horse Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2019, National Reined Cow Horse Foundation Inc generated $65.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (21.6%) each year. All expenses for the organization totaled $53.2k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (27.8%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE YOUTH SCHOLARSHIPS, HALL OF FAME RECOGNITION, AND CRISIS FUNDING FOR MEMBERS OF THE REIGNED COW HORSE INDUSTRY.
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIP GRANTS AWARDED TO YOUTH RIDERS AT THE NRCHA WORLD SHOW AND AFFILIATE SCHOLARSHIP GRANTS
HALL OF FAME - VIDEO, DRAWINGS/PHOTOS OF RECIPIENTS, AND COMMEMORATIVE RINGS TO HONOR EXEMPLARY RIDERS
GRANTS AWARDED TO MEMORIALIZE OR HELP COW HORSE RIDERS IN MEDICAL OR OTHER CRISIS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ted Robinson President | 1 | $0 | |
Howard Erenberg Treasurer | 1 | $0 | |
Michael Lippman Director | 0.5 | $0 | |
John Ward Secretary | 0.5 | $0 | |
Casey Branquinho Director | 0.5 | $0 | |
Jake Parnell Director | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $50,000 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $15,767 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $65,767 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,611 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $105 |
Total expenses | $53,202 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $5,622 |
Other assets | $0 |
Total assets | $288,836 |
Total liabilities | $76,875 |
Net assets or fund balances | $211,961 |
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